New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-10-09


One great advantage which the Englisi teller nos
both the American the Scotch teller lies
Ia the fact that he issues clean only The bank Of
England has the exclusive privilege OF note issue in
London and within radius OF sixty miles. right con-
ferred certain valuable consideration granite IA tho
Government years gone by All the notes rei, ed by
the London teller sent into the Bank of England and
they are not rclssuci The average lie nf a > bank
note is two three weeks that OF a 100 bank note
three daysthat Is the interval between s,c and
to the bank ani hnally death The Bank" be it
noted. ALWAYS refers IN London To one institution, tho
8aak OF Enslarnd me I1Vantagr IN i'>ua clean
therefore all that the teller has 70 in recording ia
10 1914 lst-s7 40, would represent 4 so in ten
pound notes. The smaller numbers represent the
OF entering tho numbers OF hts notes which tho
scotch nor American banks have but If he gives away
too much either by wrong count or through mistake in
the denominations he can usually locate his III tho
close Of the day and generally recover the money
IL must he inferred FROM this reference 70 errors
that they freducnt. ON the contrary Nor are they
teller VINO made snort and paid II of his own
pocket without reporting 1t would be infringing tho
rules He may inadvertently be coakug &c thief
by doing But although he dnes not always pay for
his own losses they appear regularly III the weekly
they become n very WEAKNESS To- the flesh They arc
written against the profit and loss account quarter
directors know all about Mr.. Joness niShp.
sion OF pounds eac for three consecutive
Saturdays has driven teller into lnnate asylum and
caused his death But the mere question oI mechanical
correctness in his cash would no-iE the absence Of
other qualifications lead to the promotion OF teller
lie he possessed Of snave yet disnhcd manner.
tcmper readily RULED and be an accurate Judge OF
the human couutcaance. He must be infallble IN tho
matter OF signatures teller has been known to detect
a forgery wneu the man whose name WAS forged could
NOT tc whether the forged signature his not
lie must have an excellent memory for cuSt0mors
balances and he must he fully alive 10 what is going on
around him all the day long. And In London least no
must he with all public and especially imam
ciI matters and with the value Of stocks While thus
engaged front there IL force alongside OF him which
never permits itself to he forgotten, and that l. tho
| potency OF the managerial eye. There is nothing
harassing in the treatment Of good bank manager VINO
Is the contrary usually great support TO his STAN
but the air of eternal vigilance Is never lost. !.
"Mr. jones' I'll take up your till,' Is quiet mmal.
which the teller usually hears week IN wen Ief
ulatcd Office. but for which he always be epaiea
for IL is just as possible not nat II may occur W.
days In succession. Mr.. Jones takes no unbrascMvs
counting his cash ut all sorts of odd tines &
customary and the one fact potent 10 his nlila isI
wherever else he may get money rou IN us 81, Sora
| necessity, he must never borrow from NJ, u i
shortage there of even half sovereign wond sa here
suspension IL Is military discipline and II y pest ndon
II sort o. fcoshncss In London BANKING. III bu1
bankers gained their experience in rongb senoo" ~
| they learned we'll the lessons OF adversely